Can a Carpenter afford to live in Chicago?

Okay11% of take-home left to save — you cover costs with a little left over.
Median salary (gross)
Carpenter · Chicago
$56,032
Income tax (~22% effective)
United States
– $12,526
Take-home pay
$3,626/mo
$43,506
Living costs (1 person)
$3,220/mo · derived
– $38,640
Savings potential
$406/mo · 11% of take-home
$4,866

Single professional, after-tax. Salary − tax − living costs = what you could save each year.

Full salary breakdown →Is this a good salary in Chicago? →Compare Chicago with another city →

How we calculated this

• Salary: BLS OES median for Carpenter, adjusted for Chicago.

• Tax: United States single-filer effective rate (~22%). Official calculator.

• Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.